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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (48518)6/28/2001 1:13:17 PM
From: BWAC  Read Replies (1) | Respond to of 70976
 
<Clearly, removing massive amounts of goodwill from the books can only help reported earnings. But it won't change operating earnings or cash flow.>

It might, if it 'prevents' income taxes from being paid for a few years.



To: Ian@SI who wrote (48518)6/28/2001 1:42:03 PM
From: Sun Tzu  Read Replies (1) | Respond to of 70976
 
>...unless you think they're also pulling CSCO's stunt

Correct. That is what I think is happening. As well, the write off can help improve future ROE which might make NT more appealing to the street in coming years.


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